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TSX Gains, US Futures Dip as Iran Talks Stall and Salesforce Earnings Loom

  Wednesday, May 27, 2026 | Canadian Money Brief — moneysavings.ca Global markets are starting Wednesday on a cautious note. After a strong Tuesday session on Wall Street and a solid gain on the TSX, pre-market futures are pointing lower as geopolitical uncertainty around the US-Iran conflict and the Strait of Hormuz reasserts itself. Meanwhile, a packed earnings calendar — led by Salesforce after the bell — is keeping traders on their toes. TSX — Canada The S&P/TSX Composite closed Monday (May 25) at 34,830.89, up 1.04% (+359.53 points) — its highest level in weeks — riding optimism around a potential US-Iran agreement and a surge in mining stocks. Gold-linked names were front and centre: Agnico Eagle gained 4.6%, Barrick rose 4.2%, and Wheaton Precious Metals added 5.6% as gold prices climbed. Energy stocks were the main laggards, with Canadian Natural falling 3.6% and Suncor losing 3% as crude pulled back below $100 on hopes of a Hormuz reopening. Investor attention this we...
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Australia Decides: Voters Head to the Polls in Pivotal Election

Australians are casting their votes today in a national election that could shape the country’s future for years to come. Prime Minister Anthony Albanese’s Labor Party is facing off against the conservative opposition led by Peter Dutton, with key issues such as cost-of-living pressures, affordable housing, and energy policy dominating the campaign.

Polling stations opened early across the country, with voters lining up to make their voices heard. Both major parties have focused on economic concerns, but global uncertainty—particularly the influence of U.S. President Donald Trump’s policies—has played a significant role in shaping voter sentiment.

Albanese, seeking a second term, has emphasized his government’s achievements, including rising wages and declining inflation. Meanwhile, Dutton has promised to cut government spending and reduce immigration, positioning himself as a strong alternative to Labor’s leadership.

With opinion polls showing a tight race, the outcome remains uncertain. As ballots are counted, Australians await the results that will determine the nation’s direction in the coming years.

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